Elon Musk reveals explosive conspiracy theory about Sam Altman's mysterious lack of equity stake in OpenAI following Microsoft's multi-billion dollar partnership. Find out what Musk suspects behind the scenes.
In a landmark move for NBA franchise ownership, billionaire investor Mark Walter secures controlling interest in the iconic Los Angeles Lakers following league approval. Discover how this financial titan is reshaping basketball's future.
SBI Life Insurance Company's subsidiary SBI Life Insurance Company Limited announces issuance of Non-Convertible Debentures worth ₹150 crore. Get complete details about coupon rate, tenure and more.
Indian government plans strategic divestment of LIC stake worth up to $1.5 billion by December 2024. SEBI's minimum public shareholding norm drives this major financial move.
Bollywood filmmaker Karan Johar reveals his biggest business regret after selling 50% of Dharma Productions for ₹50 crore, a stake that could be worth ₹1,500 crore today. Read the shocking confession.
Missouri authorities investigate whether Drake and streamer Adin Ross promoted illegal gambling to underage viewers during controversial Stake.com livestreams, raising concerns about celebrity-endorsed crypto gambling.
Philanthropist MacKenzie Scott continues her charitable spree with a massive $38 million donation to Alabama State University, marking one of the largest single contributions in the HBCU's history.
Vodafone Idea plans strategic stake sale in Indus Towers to fund African telecom venture, marking major international expansion while addressing domestic challenges.
Microsoft solidifies its AI dominance with increased $13.5 billion investment in OpenAI following successful restructuring. Discover how this power move reshapes the artificial intelligence landscape.
Mumbai-based fintech startup Optimo Capital raises substantial funding from LC Nueva AIF to transform property-backed lending landscape with tech-driven solutions.
LIC Housing Finance announces board meeting to consider fundraising through Non-Convertible Debentures. Get exclusive insights into the strategic move and market implications.
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
Indian non-banking financial companies are strategically selling unsecured loan portfolios to banks and other investors amid regulatory scrutiny and rising risk concerns. Discover how this trend is reshaping lending practices.
Sundaram Home Finance reports impressive ₹75 crore net profit in Q2 FY2024, showcasing strong growth in disbursements and assets under management despite market challenges.
Edtech giant Byju's faces legal hurdles as NCLAT orders maintenance of shareholding in Aakash Institute. Discover the latest developments in the rights issue controversy and Articles of Association changes.
Lenskart founders Peyush Bansal and his wife Neha could earn over ₹825 crore profit by selling part of their stake in the company's upcoming IPO through Offer for Sale route. Get exclusive details about India's eyewear giant public listing.
ICRA reaffirms SBI Cards' strong credit ratings with stable outlook while enhancing term loan limits, signaling robust financial health and growth prospects in India's credit card sector.
Foreign institutional investors are aggressively increasing their stake in a remarkable penny stock that has delivered staggering 2,300% returns over five years. Discover why this multibagger is capturing smart money attention in Q2 FY26.
French fund manager Nicolas Walewski backs CapitalXB Finance's $15M seed round, empowering Indian startups and NBFCs with innovative cross-border financing solutions and digital lending platforms.
Discover how philanthropist Julia Koch made history with her $10.3 billion New York Giants acquisition, becoming one of the most powerful women in sports ownership and philanthropy.
Indian government accelerates disinvestment with strategic stake sales in IDBI Bank, OFS offerings, and IPO pipeline to boost capital receipts and meet asset monetisation targets in FY25.
PrimaLend's shocking bankruptcy filing exposes deepening stress among subprime borrowers in India. Discover how this collapse could trigger wider financial tremors and what it means for the lending industry.
In a major pharmaceutical industry move, Torrent Pharmaceuticals receives Competition Commission of India approval to acquire controlling stake in JB Chemicals & Pharmaceuticals, marking significant consolidation in Indian pharma sector.
Maharashtra-based NBFC Berar Finance raises significant funding to expand two-wheeler and MSME loan services across underserved rural communities, bridging the financial inclusion gap.
RBI's Financial Stability Report reveals alarming parallels between India's NBFC sector and the US subprime auto loan crisis. Discover the regulatory gaps and systemic risks threatening India's financial ecosystem.
Can Fin Homes delivers stellar Q2 performance with 18% net profit growth and 26% surge in total income. The housing finance company shows robust expansion across all key metrics.
As Samvat 2082 dawns, market experts predict a bullish Diwali 2025 for Indian equities. Discover why auto, banking, and NBFC sectors are poised for explosive growth in the new Hindu year.
RBL Bank shares skyrocket to fresh 52-week high after Emirates NBD announces strategic 60% stake acquisition in landmark Indian banking sector deal. Full details inside.
Dubai's Emirates NBD acquires 7.75% stake in RBL Bank, marking significant foreign investment in India's private banking landscape. Exclusive talks underway for additional stake purchase.
IndusInd Bank faces unexpected ₹437 crore loss in Q2 FY26 as microfinance provisions hit profits. Discover how the banking sector is navigating these challenges and what's next for investors.